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Tropical Smoothie Cafe 1620 Tucson Marketplace blvd

1,698 SF Retail Building Tucson, AZ 85713 $2,432,783 CAD ($1,433 CAD/SF) 5.90% Cap Rate

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Tropical Smoothie
Cafe located at 1620 E. Tucson Marketplace Blvd, Tucson, AZ 85713. The
site consists of roughly 1,698 rentable square feet of building space on an
estimated 0.51-acre parcel of land. This Tropical Smoothie Cafe is subject to
a 12 Years-year Triple Net (NNN) lease, which commenced 9/1/2024. The
current annual rent is $100,000 and has scheduled increases of 10.00%
Every 5 Years.

Property Facts In Escrow

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,698 SF
Building Class
B
Year Built
2024
Price
$2,432,783 CAD
Price Per SF
$1,433 CAD
Cap Rate
5.90%
NOI
$143,527 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.51 AC
Opportunity Zone
Yes
Parking
7 Spaces
Frontage
150 ft on East Tucson Marketplace B
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Salad and Go
MOD Pizza
First Watch
Dutch Bros. Coffee
Planet Fitness
Rudy's Bbq
Krispy Krunchy Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
132-13-1420
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$12,045 CAD
  • Listing ID: 32571083

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 1620 Tucson Marketplace blvd, Tucson, AZ 85713

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